Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
The consumer demand for powersports vehicles $5,000 and under “is very much wide open” and “growing like wildfire,” Kamron Davis, Nextep Funding LLC’s vice president of sales, told Powersports Finance. That’s why the company, which provides consumers lease-to-own options between $500 and $5,000, is projecting a 500% year-over-year growth in its lease originations in 2016, he said.
Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
